KUALA LUMPUR: CHIN TECK PLANTATION []S BHD [] shares edged up on Monday, Aug 1 as investors picked up the stock following its declaration of a dividend of 30 sen per share.
At 11.15am, it was up 26 sen to RM8.89 with 2,000 shares traded.
Chin Teck declared a second gross interim dividend 30 sen per share in respect of the financial year ending Aug 31, to be paid on Aug 26.
Its net profit for the third quarter ended May 31, 2011 surged to RM24.18 million from RM10.89 million a year ago. Revenue for the quarter increased to RM45.04 million from RM29.62 million in 2010.
At 11.15am, it was up 26 sen to RM8.89 with 2,000 shares traded.
Chin Teck declared a second gross interim dividend 30 sen per share in respect of the financial year ending Aug 31, to be paid on Aug 26.
Its net profit for the third quarter ended May 31, 2011 surged to RM24.18 million from RM10.89 million a year ago. Revenue for the quarter increased to RM45.04 million from RM29.62 million in 2010.
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